Also, thinking of it from a systems reliability perspective it’s a massive Single Point of Failure.
That system stops working (due to kleptocracy, or shitty rules, or a mistake) and literally the largest economy in the world grinds to a halt nearly instantly.
It would make the days of dealing with cash (which has it’s hassles) seem like Utopia.
Also, thinking of it from a systems reliability perspective it’s a massive Single Point of Failure.
That system stops working (due to kleptocracy, or shitty rules, or a mistake) and literally the largest economy in the world grinds to a halt nearly instantly.
It would make the days of dealing with cash (which has it’s hassles) seem like Utopia.